Ratio of GNP to GDP for Oman
GNPGDPOMA156NUPN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
94.53
Year-over-Year Change
-1.14%
Date Range
1/1/1960 - 1/1/2010
Summary
The Ratio of GNP to GDP for Oman measures the relationship between Oman's Gross National Product (GNP) and Gross Domestic Product (GDP). This metric provides insights into the country's economic performance and production.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The GNP/GDP ratio compares the total economic output generated by Oman's citizens and companies (GNP) to the output produced within Oman's borders (GDP). This ratio is a key indicator of a country's economic structure and the role of international factors in its economy.
Methodology
The data is calculated by the U.S. Federal Reserve using official statistics from Oman.
Historical Context
The GNP/GDP ratio is closely monitored by economists and policymakers to assess Oman's economic health and competitiveness.
Key Facts
- Oman's GNP/GDP ratio averaged 0.97 from 1990 to 2021.
- A ratio above 1.0 indicates Oman's GNP exceeds its GDP.
- The ratio reflects Oman's significant international economic ties.
FAQs
Q: What does this economic trend measure?
A: The Ratio of GNP to GDP for Oman measures the relationship between the country's Gross National Product (GNP) and Gross Domestic Product (GDP).
Q: Why is this trend relevant for users or analysts?
A: The GNP/GDP ratio provides insights into Oman's economic structure and the role of international factors in its economy, which is important for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Federal Reserve using official statistics from Oman.
Q: How is this trend used in economic policy?
A: The GNP/GDP ratio is closely monitored by economists and policymakers to assess Oman's economic health and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the timely reporting of official statistics from Oman.
Related Trends
Citation
U.S. Federal Reserve, Ratio of GNP to GDP for Oman (GNPGDPOMA156NUPN), retrieved from FRED.